Oct 13 (FT) Hayleys PLC has been ranked as SL’s leading listed corporate in the 32nd edition of the LMD 100, securing the no. 1 position for the 10th time since the ranking’s inception in 1995. This recognition underscores the Group’s longstanding role as a centrepiece of the SL economy and a benchmark of resilience, innovation, and sustainable value creation. For the financial year 2024/25, Hayleys achieved a record-breaking consolidated revenue of Rs. 492.2 billion, reflecting more..

Oct 13 (DM) As SL positions itself on the cusp of an AI-driven transformation, a top Indian economist has urged the island nation to look less to the West and more towards its immediate neighbour, India, whose experience with artificial intelligence offers both promise and caution for SL’s ambitions. Veteran economist and former Deputy Chairman of India’s Planning Commission, Dr. Montek Ahluwalia, said SL stands to reap major gains in education and information technology by learning from how more..

Oct 13 (Xinhua) China has demonstrated strong commitment and global leadership in advancing women's rights and gender equality through concrete actions such as hosting the Global Leaders' Meeting on Women, said SL PM Harini Amarasuriya. In an exclusive interview, ahead of her visit to China for the summit in Beijing, Amarasuriya said the event will boost confidence in the global cause of women's development. more..

Oct 13 (AD) Sri Lanka is prepared to work with the Commonwealth Parliamentary Association (CPA) to ensure that women across Commonwealth countries can participate in politics in a safe environment, free from coercion and violence, says Minister Saroja Savithri Paulraj. Minister made this statement while addressing the Commonwealth Women Parliamentarians Conference (CWP) held under the theme: Debate not hate: Not accepting abuse as an outcome of free speech. more..

Oct 13 (ST) Gateway College has once again set a new benchmark in school sports infrastructure in SL with the unveiling of state-of-the-art basketball courts built to Olympic Grade specifications in Colombo and Kandy. This cutting-edge development exemplifies the school’s unwavering commitment to nurturing excellence in sports while prioritising the safety, comfort, and performance of its athletes. The newly-laid courts feature a shock-absorbent, rubberised surface integrated with more..

Oct 13 (FT) Total private sector borrowings increased to Rs. 226.8 billion in August 2025, the highest monthly figure after Rs. 221 billion in June 2025, resulting in the outstanding amount crossing Rs. 9.28 trillion during the first eight months of the year, up 8.7% from a year ago. According to the latest Central Bank of SL (CBSL) data, domestic banking sector credit to the private sector in August amounted to Rs. 239.2 billion, while credit from foreign banks fell by Rs. 12.4 billion. more..

Oct 13 (FT) Targeting hidden wealth, the new amendments to the Companies Act demands full disclosure of beneficial ownership, but secrecy and complex offshore structures will make enforcement difficult, said a panel of industry experts and stakeholders recently. This discussion took place at a seminar on Companies Act No 12 of 2025. Organised by Corporate Management Consultants, the event brought together regulators, lawyers, and compliance officers to unpack the new law. more..

Oct 13 (TM) The recent round of US sanctions targeting companies and vessels allegedly involved in facilitating Iranian petroleum and Liquefied Petroleum Gas (LPG) exports will have no impact on SL’s petroleum imports, CPC confirmed. CPC Managing Director Dr. Mayura Neththikumarage said that SL’s energy procurement channels remained unaffected, as none of the sanctioned entities or companies more..

Oct 13 (ST) The famed LSR Colombo Marathon which returned after a lapse of six years last Sunday as its 19th edition, attracted nearly 1500 runners, with the Kenyans making top podium finishes. Making a strong statement, SL long distance runners claimed the second and third slots, both in Men’s and Women’s full marathons. Organised by Lanka Sportsreizen (LSR) and last held in 2018, SL’s only marathon of international recognition from the Association of Int'l Marathons and more..

Oct 13 (Island) SL’s women’s team has made significant strides in the last two years, claiming notable wins against top sides. Yet, as their World Cup campaign has shown, they remain very much a work in progress, a side learning to polish the rough edges that separate promise from consistency. Colombo, one of four host cities alongside three in India, saw SL once again undone by poor fielding when they met England on Saturday. In the curtain-raiser against India, four dropped catches, more..

Oct 13 (ST) Sri Lanka will field one of its strongest and largest ever contingent at junior level, with a force of 100 athletes for the 3rd Asian Youth Games, which is set to take place from October 22 to 31 in Manama, Bahrain. The SL contingent will include 154 members, including a record 100 athletes, who will represent across 12 sports disciplines. The 100 athletes include 56 boys and 44 girls, who will be accompanied by 31 team officials and more..

Oct 13 (Island) UNHRC's latest resolution on SL raises serious questions about the Council’s impartiality and respect for the UN Charter. This new measure extends the mandate of the external mechanism established under Resolution 46/1 of March 2021. At the start of the UNHRC’s 60th Session on 8 Sept, 43 nations objected to any further country-specific action on SL, with several specifically arguing that the external mechanism contravenes Article 2(7) of the UN Charter more..

Oct 13 (ST) Assessed on jaundiced experiences of SL’s political history, the manner in which a Govt responds to protecting the institutional independence of the country’s National Police Commission (NPC) has always been an early warning test to judge how rhetoric on democracy measures to reality. The best example to date remains the fate of the very first NPC established following the 17th Amendment to the Constitution (2001) under which the Constitutional Council (CC) conceived to act more..

Oct 13 (Island) The police are always in the news for the wrong reasons. There seems to be no end to their shameful display of subservience to politicians in power. They have published a statement made by former Minister Wimal Weerawansa to the Tangalle police last week regarding his much-publicised claim that a drug smuggler, recently arrested in the South, is a member of the JVP. JVP-led NPP govt saw red and unleashed the khaki brigade on Weerawansa. Having questioned him, police issued more..

Oct 13 (CT) Latest data from National STD/AIDS Control Programme paints a troubling picture. In the first quarter of 2025 alone, almost all new HIV infections among youth aged 15 to 24 were reported in males. Out of 32 new youth cases, 30 were young men. This pattern is not an isolated incident — it mirrors an ongoing and deeply concerning national trend, where men continue to account for the vast majority of new HIV infections. While SL’s overall HIV prevalence remains low at under 0.1%, more..

Oct 13 (TM) Central Expressway Project, one of SL’s most ambitious infrastructure initiatives, is once again under scrutiny – not for construction delays, but for the controversial decision to proceed with increased loan interest. COPF has raised serious concerns over the rationale for agreeing to a shift from a fixed 2.5% interest rate to a variable rate capped at 3.5%, warning that this could further escalate more..

Oct 13 (CT) Pledges declared, promises made and a new vision articulated on the election platform is now history. That history is not all that long, merely twelve months. We are trying to compare twelve months with seventy six long and agonizing years; and we fail to see any resemblance. But we cannot wait another three quarters of a century to pass judgment on a governing machination and economic management by the newly elected govt of the National People’s Power (NPP). more..

Oct 13 (TM) The technology driven world today is obsessed with rare earth minerals, and its supply has been weaponised by geopolitics. Competition for rare earth minerals is intense because they are essential for modern technology needs and wants; including electric vehicles, smartphones, and are increasingly vital for key defence systems. Their strategic importance is heightened by the limited number of suppliers, particularly China's historical dominance, which gives it significant leverage more..

Oct 13 (SO) As SL’s political landscape realigns, Assistant Leader of UNP Ravi Karunanayake says that a UNP–SJB alliance could mark the first step towards national stability and credible opposition. He said that reuniting the two offshoots of the same political movement is critical to restore public trust, economic confidence, and democratic balance. Q: The working committee of the SJB said that it has decided to collaborate with UNP. more..

Oct 13 (DM) Minister Ananda Wijepala has stated that former Presidents Mahinda Rajapaksa and Maithripala Sirisena have requested the bullet-proof vehicles they had returned to the state following the passage of the Presidents’ Entitlement Bill on Sept 10. He showed positive signs that those vehicles could be returned to the former Presidents with the approval of the Threat Assessment Committee of his ministry. Why the former Presidents handed over those vehicles to the state and later more..

Oct 13 (DM) Following last week’s discussion on India’s LGBTQA+ tourism, I wanted to explore the deeper question many readers raised: what does science tell us about sexual orientation itself? Sexual orientation is not a choice. It’s a natural part of who someone is—like being left-handed or having a particular eye colour. Throughout history and across all cultures, a small but significant number of people have been attracted to others of the same sex. Modern science helps us understand why. more..

Oct 12 (ST) Govt’s austerity measures seem to be extending to the sphere of foreign affairs. Saving millions of rupees was one of the reasons that Minister of Foreign Affairs Vijitha Herath cited for the decision to forgo the opportunity to seek a vote on the resolution to extend the mandate of the Office of the High Commissioner for Human Rights (OHCHR) on promoting reconciliation, accountability and human rights in Sri Lanka. more..

Oct 12 (DM) Mirihana Police have arrested seven individuals, including the assistant principal of the International school, in connection with the tragic death of a five-year-old child who drowned in a swimming pool at a hotel in the Nugegoda area. The incident occurred on the morning of October 8 at Sanhinda Leisure Centre on Stanley Mawatha, Mirihana. A group of preschool children of the Keble College Int'l School had been participating in swimming activities under supervision of more..

Oct 12 (NW) Former Presidents Mahinda Rajapaksa and Maithripala Sirisena have requested the return of vehicles previously provided for their security, Minister Ananda Wijepala said. He noted that if returning the vehicles were to affect their security in any way, there is a possibility for the vehicles to be returned to them. The request has already been submitted to the Threat Assessment Committee under the Ministry of Public Security, and actions will be taken according to committee’s decision. more..

Oct 12 (ST) Police Department has begun levying charges for providing security for commercial events, following a directive from the IGP, Priyantha Weerasooriya. In view of the costs incurred by the Dept, the money would be used to cover overtime and batta payments for officers deployed at commercial events. He said previously a circular had been issued by the Dept, and now the IGP himself had instructed to collect charges more..

Oct 12 (NW) Prez Anura Kumara Dissanayake emphasized that the security of investors and investments coming into the country has been ensured under the current govt. He made this remark during a discussion held this yesterday (11) at the Presidential Secretariat with a delegation of US business representatives visiting the country to study SL’s investment opportunities, business environment and legal framework. Prez noted that a secure environment for investments has now more..

Oct 12 (Island) Leaders of the CEB trade unions have appealed for the intervention of religious leaders to stop what they describe as the unlawful restructuring of the CEB. They handed over an appeal to Malwatte and Asgiri Maha Nayakas on Oct 10. They also met Malwatte Maha Nayaka, Most Ven. Sri Siddhartha Sumangala Thera, and Asgiri Maha Nayaka, Most Ven. Warakagoda Gnanalokanatha Thera. The trade unions have highlighted the adverse impact privatisation more..

Oct 12 (DM) Media Secretary to Ministry of Transport, Highways & Urban Development Suranga Senevirathne has reportedly stepped down from office citing inability to work with subject Minister Bimal Rathnayake. Senevirathna submitted his letter of resignation approximately five days ago. In addition to him, a number of other officials who held key posts in the institutes have resigned in recent times. In the latest Cabinet reshuffle, Bimal was stripped of his ports & civil aviation portfolio. more..

Oct 12 (SO) Former Minister Wimal Weerawansa has been summoned to appear before the Tangalle Crimes Investigation Division today. According to police sources, Weerawansa has been instructed to report to the division at 10.00 a.m. in connection with a statement he made regarding Weerasinghege Sarath, also known as Beliatta Sana who was recently arrested on drug-related charges. Weerawansa had previously appeared before the division on October 8 to provide a statement concerning his remarks. more..

Oct 12 (ST) The full operation of the SL Ports Authority’s (SLPA) much-delayed East Container Terminal (ECT) is expected to be further hindered, as the procurement of essential port equipment called straddle carriers is not yet completed, industry sources said. Bids were first called for straddle carriers—which are specialised, off-road vehicles used in container terminals to lift, transport and stack heavy loads like shipping containers—as far back as 2023. more..

Oct 12 (DM) Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath attended the inauguration of the Grand Serendib Colombo, SL’s first AI-powered hotel project, held last night (10) at the Shangri-La Hotel, Colombo. The event also celebrated the 20th anniversary of ABEC, the company behind the project. Sri Lanka National Cricket Team Head Coach Sanath Jayasuriya and ABEC Premier Dilip Herath joined the minister in officially launching the landmark initiative. more..

Oct 12 (AD) The All Ceylon Egg Producers Association has announced a reduction in egg prices by Rs. 10 in the local market. The Association’s Chairperson, Navod Sampath Bandara has stated that the decision to reduce the price of eggs was made with the aim of ceasing the mafia of large-scale egg producers. Accordingly, it has been decided to sell a white egg at a price of Rs. 18 and a red egg at a price of Rs. 20, he said. However, Chairman of the All Ceylon Poultry Traders more..